News
RAND: South Africa's rand steadies as markets await Fed verdict
- Date: 31-07-19
- Category: RAND
- Source: Reuters
JOHANNESBURG, July 31 (Reuters) - South Africa’s rand steadied against the dollar in late trade on Wednesday, as investors awaited a likely cut in interest rates by the U.S. Federal Reserve, shifting the spotlight away from domestic economic troubles.
View full storyELECTRIC VEHICLES: Hyundai Kona Electric explodes in Montreal garage
- Date: 31-07-19
- Category: ELECTRIC VEHICLES
- Source: Green Car Reports
The explosion of a 2019 Hyundai Kona Electric in a Montreal, Canada, garage Saturday literally blew the doors off.
View full storyAUTO PRODUCTION: UK car production down 20% in first half
- Date: 31-07-19
- Category: AUTO PRODUCTION
- Source: Just Auto
Data released by the SMMT shows that car output fell 20% during the first half of the year as the UK automotive trade body also warned that the industry is incurring substantial Brexit mitigation costs ahead of the UK's planned departure from the EU trade bloc on October 31st.
View full storyPGM PRODUCERS: NORILSK NICKEL GROUP ANNOUNCES PRELIMINARY CONSOLIDATED PRODUCTION RESULTS FOR 1st HALF 2019
- Date: 31-07-19
- Category: PGM PRODUCERS
- Source: Yahoo
PJSC MMC Norilsk Nickel, the largest palladium and refined nickel producer in the world, announces today preliminary consolidated production results for the second quarter and the first half of 2019.
View full storyPGM PRODUCERS: Sylvania Platinum Hits Record Production For Recent Year
- Date: 31-07-19
- Category: PGM PRODUCERS
- Source: Morning Star
(Alliance News) - Sylvania Platinum Ltd on Wednesday announced both a record last quarter and record year in terms of production.
View full storyDIESEL: There’s a $5,600 Electric Makeover for Your Old Diesel Car
- Date: 31-07-19
- Category: DIESEL
- Source: Bloomberg
About 5,000 euros ($5,600) are set to buy your 10-year-old combustion clunker an electric makeover—and offer a cut-price way to avoid driving bans across European cities.
View full storyAUTO PRODUCTION: BMW will cancel several models to cut expenses, says report
- Date: 30-07-19
- Category: AUTO PRODUCTION
- Source: Autoblog
As BMW cancels niche models and prepares to release new ones, it's in the middle of a transformative restructuring process that will allegedly force many enthusiast-approved nameplates out of its line-up. An unverified report claims the firm will pluck slow-selling models from its range to significantly trim its operating expenses during the 2020s.
View full storyESKOM: Eskom Record Loss Not as Huge as Forecast, Spurring Bond Rally
- Date: 30-07-19
- Category: ESKOM
- Source: Bloomberg
Eskom Holdings SOC Ltd., South Africa’s debt-ridden power utility, reported a record annual loss of 20.7 billion rand ($1.46 billion), but its dollar bonds rallied on optimism that it is starting to stem the bleeding.
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